Course Content
Introduction
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Economics for Life

In the United States, there were 7,900 mutual funds in 2019, managing assets worth approximately$21 trillion U.S. dollars. The three largest mutual fund companies are BlackRock, Vanguard, and Charles Schwab. As of the third quarter of 2019, Blackrock had approximately $7 trillion in assets under management. As of the third quarter of 2019, the Vanguard Group manages approximately $5.6 trillion under management, while Charles Schwab managed $3.7 trillion in assets as of the second quarter of 2019. Almost all mutual fund companies are for profit, but there are a number of mutual fund companies that are nonprofits, and these are worth considering.